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PROJECT INTELLIGENCE

Hyundai Translead

Expansion · Will County — two manufacturing sites, IL · Logistics & distribution · Announced 2026-03-16

Investment$600,000,000Announced capital
Jobs3,750Reported jobs
StatusAnnounced
VerificationStrongLast verified 2026-10-23

Sources & verification

  1. www.hyundaitranslead.com ↗
  2. finance.yahoo.com ↗
  3. www.cbsnews.com ↗
  4. www.nbcchicago.com ↗
Recorded publisher
Not recorded
Source quality
LD verification: Site allocation review
Verification basis
Inherited verification

Project facts

Decision / announcement date
2026-03-16
Sector
Logistics & distribution
Facility action
Expansion
Project status
Announced
Project / facility
Expansion

Figures & qualifications

Capital category
Planned
Capital scope
multi-site
Jobs basis
Hyundai Translead release (Business Wire) 2026-10-22: "expand its job commitment to 3,750 full-time positions" (March 2026: 2,500). Third production shift adds $150M and 1,250 jobs. Combined two-factory, Will County IL; allocation between factories not stated.
Statistical exclusion reason
multi-site record: neither capex nor jobs allocated to a single site

Hyundai Translead Illinois: combined two-factory $450m/2,500 jobs; allocation open.

Not yet recorded · 5 fields

Date precision · Facility type · Jobs classification · Transferred / retained jobs · Construction jobs